Please see trade for information. Potential cup and handle pattern and breaking downtrend. Would trade after confirmation of the broken downtrend on re-test and for more conservative trade on break of neckline for cup and handle formation. Would love some feedback as I'm new to TA, thanks.
註釋
Should slightly re-trace to test downward trendline. Also, if it break downward trendline and continues down, it looks like support around .32 - .33 with potential for inverse head and shoulders. I am only buying on downward trendline re-test and support, thanks註釋
Almost at the neckline, already tested resistance there, get ready!註釋
I would be going by daily, so we could be ranging for a while, it's not like this would happen in minutes or hours, but you never know. Last candle looks like it will retrace a bit on the daily.註釋
Really this is an inverse head and shoulder/cup and handle, check out chiliz too, same things, both at neckline now註釋
it's broken the neckline and live註釋
broke back down below neckline, but didn't close, it will go with BTC like so many other alts, which IMO is down
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